Friday, February 06, 2004

TOWER COMES CRASHING DOWN: They'd already pulled out of the UK, and now Tower Records is apparently about to file for bankruptcy in the States. Of course, the blame for the decline of chain record stores will be thrown at the digital downloaders, but the reality is they're competing with Borders, Best Buy, WalMart - hell, even Starbucks flogs CDs - for the impulse buys, and can't compete with Amazon for the determined shopper. We reckon there'll always be a niche for yer Championship Records; but the concept of a stand-alone mass market music store? It's had its day.


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